FedEx is encouraging its pilots to apply for a job with PSA Airlines, a unit of American Airlines. The move came on the back of a decline in air cargo demand. FedEx employs around 5,800 pilots globally, while PSA Airlines has about 1,900 pilots. Interested FedEx pilots are eligible for an expedited interview process for a captain's position with PSA Airlines, according to the latter's online recruitment page. PSA Airlines is also offering FedEx pilots $250,000 in sign-on bonuses.

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Persons: —, Pat DiMento, FreightWaves Organizations: FedEx, PSA Airlines, American Airlines, Service